Deltron Inc. focuses on the acquisition of businesses with substantial revenue and established presence in the market. The company’s California-based manufacturing subsidiary Elasco Inc. recently reported a 60 percent increase in revenue between January and June 2010 to $1.45 million.
Elasco generated revenue of $1,458,501 in the six-month period ended June 30, 2010, a 60 percent increase over revenue of $907,152 in the six-month period ended June 30, 2009.
The sales increase is driven by a significant jump in custom orders for high-performance roller skate and skateboard wheels. The growing orders from recreational products providers signal that the company is on track for continued growth in the upcoming six months.
Deltron CEO Henry Larrucea said the polyurethane manufacturing market is showing signs of improvement, as reflected in the company’s sales numbers.
“This is a growth year for our polyurethane manufacturing business. At the half-way mark we have already topped last year’s revenue. We see positive indicators of continued growth this year from product orders from existing customers as well as anticipate sales to new customers. The recovery is lifting within our niche markets and customers are responding to our ability to provide a diverse range of high quality polyurethane formulations delivered quickly and cost effectively,” Larrucea stated in the press release.
Deltron noted Elasco’s ability to provide faster delivery, smaller quantities, and higher quality manufacturing processes and raw materials, catering to clients that require quick turnaround, a variety of colors and models, and high quality materials.
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